First Interstate BancSystem Inc

First Interstate BancSystem Inc

FIBK · NASDAQ · Financial Services / Banks - Regional

37.93USD+0.26 (+0.69%)

Price History

Full chart

Market Stats

Previous Close37.67
Open37.81
Day Range37.35 – 37.95
52-Week Range27.63 – 40.11
Volume679.10K
Market Cap3.48B
P/E (TTM)11.17
Forward P/E12.17
EPS3.27
Dividend Yield5.21%
Beta0.72
50-Day Avg37.71
200-Day Avg36.27

About

First Interstate BancSystem, Inc. operates as a bank holding company for First Interstate Bank that provides a range of banking products and services in the United States. The company offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. It also provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services, including administration of estates and personal trusts; manages investment accounts for individuals; employee benefit plans and charitable foundations; and insurance planning. The company's loan portfolio includes real estate loans, such as commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans, including direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it offers marketing, credit review, loan servicing, credit cards servicing, mortgage loan sales and servicing, indirect consumer loan and processing, loan collection services, other operational, and specialized staff support services, as well as online and mobile banking services. The company serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, governmental services, healthcare, hospitality, housing, professional services, real estate development, retail, technology, tourism, and wholesale trade. First Interstate BancSystem, Inc. was formerly known as First Interstate Bancsystem Of Montana, Inc. and changed its name to First Interstate BancSystem, Inc. in June 1993. The company was founded in 1879 and is headquartered in Billings, Montana.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. James A. Reuter
  • Employees3.38K
  • Headquarters401 North 31st Street, Billings, MT, United States, 59101, USA
  • Websitehttps://www.fibk.com

Leadership

  • Mr. James A. ReuterPresident, CEO & Director · b. 1965
  • Mr. David P. Della Camera C.F.A.Executive VP & CFO · b. 1994
  • Ms. Lori A. MeyerExecutive VP & Chief Information Officer · b. 1978

Financials

Income Statement

Currency: USD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue262.21M259.41M263.48M304.15M375.74M418.00M457.42M428.72M405.46M384.75M388.76M369.34M378.90M403.94M429.70M519.60M612.20M696.60M680.30M656.00M1.18B147.00M1.48B1.06B
Growth (%)--1.07%+1.57%+15.43%+23.54%+11.25%+9.43%-6.27%-5.43%-5.11%+1.04%-5.00%+2.59%+6.61%+6.38%+20.92%+17.82%+13.79%-2.34%-3.57%+80.59%-87.59%+907.21%-28.52%
Cost of Revenue74.65M58.47M51.15M69.40M113.72M133.70M153.90M130.20M130.01M100.18M70.86M14.57M11.98M24.88M27.60M39.00M49.50M72.90M83.50M2.70M161.60M71.60M548.70M26.80M
Gross Profit187.56M200.94M212.33M234.75M262.02M284.30M303.52M298.53M275.45M284.57M317.90M354.77M366.92M379.06M402.10M480.60M562.70M623.70M596.80M653.30M1.02B75.40M931.90M1.03B
Gross Margin71.53%77.46%80.59%77.18%69.73%68.01%66.36%69.63%67.94%73.96%81.77%96.06%96.84%93.84%93.58%92.49%91.91%89.53%87.73%99.59%86.36%51.29%62.94%97.47%
Operating Expense133.82M137.93M142.98M150.73M144.91M178.87M195.44M217.71M221.00M218.41M229.63M222.07M237.30M248.60M256.80M323.90M356.40M388.60M387.50M405.50M766.00M-261.40M637.40M639.80M
Operating Income53.74M63.02M69.35M84.03M117.11M105.43M108.08M80.82M54.45M66.16M88.26M132.70M129.62M130.46M145.30M156.70M206.30M235.10M209.30M247.80M257.10M336.80M294.50M391.70M
Operating Margin20.50%24.29%26.32%27.63%31.17%25.22%23.63%18.85%13.43%17.20%22.70%35.93%34.21%32.30%33.81%30.16%33.70%33.75%30.77%37.77%21.70%229.12%19.89%37.01%
EBITDA65.39M78.93M89.57M102.83M127.41M121.80M132.43M103.10M74.58M83.53M105.37M148.95M146.47M148.77M164.80M175.10M233.90M273.80M254.40M292.20M312.60M336.80M351.50M442.50M
EBITDA Margin24.94%30.43%34.00%33.81%33.91%29.14%28.95%24.05%18.39%21.71%27.11%40.33%38.66%36.83%38.35%33.70%38.21%39.31%37.40%44.54%26.39%229.12%23.74%41.81%
Net Income34.49M40.75M45.42M54.72M75.61M68.64M70.65M53.86M37.36M44.55M58.22M86.14M84.40M86.80M95.70M106.50M160.20M181.00M161.20M192.10M202.20M257.50M226.00M302.10M
Net Income Margin13.16%15.71%17.24%17.99%20.12%16.42%15.44%12.56%9.21%11.58%14.98%23.32%22.28%21.49%22.27%20.50%26.17%25.98%23.70%29.28%17.07%175.17%15.26%28.55%
R&D---------00000000-------
R&D as % of Total Revenue---------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense65.46M48.61M42.42M63.55M105.96M125.95M120.54M84.90M63.11M42.03M30.11M20.70M18.61M18.06M17.66M27.93M40.90M59.00M26.60M17.30M78.90M656.80M480.90M352.60M
Interest Expense % of Total Revenue24.96%18.74%16.10%20.89%28.20%30.13%26.35%19.80%15.56%10.92%7.75%5.60%4.91%4.47%4.11%5.38%6.68%8.47%3.91%2.64%6.66%446.80%32.48%33.32%

Balance Sheet

Currency: USD1999-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-3.56B3.88B4.22B4.56B4.97B5.22B6.63B7.14B7.50B7.33B7.72B7.56B8.61B8.73B9.06B12.21B13.30B14.64B17.65B19.67B32.29B30.67B29.14B26.64B
Total Liabilities-3.32B3.61B3.91B4.21B4.56B4.77B6.09B6.56B6.76B6.55B6.97B6.76B7.70B7.78B8.08B10.79B11.61B12.63B15.69B17.69B29.21B27.44B25.83B23.19B
Total Equity-243.85M274.23M308.33M349.85M410.38M444.44M539.06M574.43M736.80M771.02M751.19M801.58M908.92M950.49M982.59M1.43B1.69B2.01B1.96B1.99B3.07B3.23B3.30B3.45B
Cash-260.00M214.99M318.32M213.37M200.36M188.61M206.53M612.01M683.50M472.14M800.60M534.15M798.67M780.46M782.02M758.99M822.00M1.08B2.28B2.34B870.40M577.90M896.50M358.20M
Total Debt-331.85M419.37M560.86M623.61M800.08M721.73M843.21M676.63M786.36M677.17M2.11B576.83M1.83B1.57B648.00M738.66M815.20M798.50M1.29B1.25B3.66B3.67B2.39B775.70M
Net Debt-71.85M204.38M242.54M410.24M599.72M533.12M636.68M64.62M102.86M205.03M-680.93M42.68M-678.13M-670.10M-671.58M-663.38M-719.30M-976.00M-2.08B-2.15B1.74B3.09B1.49B417.50M

Cash Flow

Currency: USD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow66.64M63.12M82.69M89.53M62.17M89.30M77.48M81.79M109.26M143.10M135.82M150.22M122.01M115.40M118.00M154.60M219.00M127.30M268.30M282.30M534.40M428.00M355.00M305.60M
Investing Cash Flow-316.95M-327.25M-339.28M-484.70M-370.33M-267.42M-450.15M-229.81M-387.51M-125.94M-141.08M-204.94M-195.84M-95.34M-143.10M-130.60M-181.10M-16.80M-1.87B-2.12B-949.00M1.25B1.76B2.31B
Financing Cash Flow268.17M234.67M331.06M280.23M322.98M171.58M437.45M457.47M340.39M-230.33M334.14M-211.79M337.68M-38.27M26.60M-47.10M25.20M144.30M2.80B1.91B-1.06B-1.97B-1.80B-2.20B
Capital Expenditure133.66M280.76M19.54M300.87M2.54M251.17M34.00K26.39M8.00M9.17M14.42M5.65M12.69M5.96M11.90M39.00M4.90M16.60M30.20M10.30M10.50M28.20M23.00M27.80M
Free Cash Flow66.64M63.12M63.15M89.53M59.63M89.30M77.44M81.79M101.26M133.93M121.40M144.57M122.01M109.44M106.19M115.69M214.10M110.70M238.10M272.00M523.90M399.80M332.00M277.80M
Dividends Paid10.08M10.37M12.35M15.04M18.41M24.25M23.93M19.12M21.33M22.66M29.51M17.91M28.63M36.29M39.40M48.60M64.10M79.20M128.60M101.60M182.10M195.10M195.90M194.30M
FCF to OCF100.00%100.00%76.37%100.00%95.91%100.00%99.96%100.00%92.68%93.59%89.38%96.24%100.00%94.83%89.99%74.83%97.76%86.96%88.74%96.35%98.04%93.41%93.52%90.90%
Dividend Paid to FCF15.13%16.43%19.56%16.80%30.88%27.16%30.89%23.37%21.06%16.92%24.31%12.39%23.46%33.16%37.10%42.01%29.94%71.54%54.01%37.35%34.76%48.80%59.01%69.94%

Earnings

Report DateApr 22, 2010Jul 22, 2010Oct 25, 2010Feb 3, 2011Apr 25, 2011Jul 25, 2011Oct 24, 2011Jan 30, 2012Apr 23, 2012Jul 23, 2012Oct 22, 2012Jan 28, 2013Apr 22, 2013Jul 22, 2013Oct 21, 2013Jan 29, 2014Apr 23, 2014Jul 21, 2014Oct 27, 2014Jan 27, 2015Apr 27, 2015Jul 20, 2015Oct 26, 2015Jan 27, 2016Apr 25, 2016Jul 25, 2016Oct 24, 2016Jan 26, 2017Apr 25, 2017Jul 26, 2017Oct 30, 2017Jan 30, 2018Apr 25, 2018Jul 25, 2018Oct 24, 2018Jan 30, 2019Apr 25, 2019Jul 30, 2019Oct 23, 2019Jan 29, 2020Apr 30, 2020Jul 27, 2020Oct 26, 2020Jan 28, 2021Apr 27, 2021Jul 27, 2021Oct 26, 2021Jan 27, 2022Apr 28, 2022Jul 26, 2022Oct 25, 2022Jan 26, 2023Apr 26, 2023Jul 26, 2023Oct 25, 2023Jan 30, 2024Apr 24, 2024Jul 25, 2024Oct 24, 2024Jan 29, 2025Apr 29, 2025Jul 29, 2025Oct 29, 2025Jan 28, 2026Apr 29, 2026Jul 23, 2026Nov 4, 2026
EPS Estimate-0.250.150.160.180.210.230.260.280.280.310.350.350.380.430.460.440.460.480.490.470.480.520.520.500.510.540.570.510.560.600.650.690.740.750.760.720.740.790.800.640.520.690.780.720.720.760.770.200.750.941.040.800.680.620.610.500.550.580.460.560.580.610.650.590.640.70
EPS Actual0.320.140.180.230.200.210.260.290.260.280.350.370.460.490.540.470.480.480.490.530.460.490.520.520.450.520.580.570.520.590.630.650.680.740.750.760.720.750.800.810.450.580.760.760.830.690.850.890.340.921.020.860.720.660.700.590.570.580.540.500.490.690.691.080.610.87-
Surprise--44.00%20.00%43.75%11.11%0.00%13.04%11.54%-7.14%0.00%12.90%5.71%31.43%28.95%25.58%2.17%9.09%4.35%2.08%8.16%-2.13%2.08%0.00%0.00%-10.00%1.96%7.41%0.00%1.96%5.36%5.00%0.00%-1.45%0.00%0.00%0.00%0.00%1.35%1.27%1.25%-29.69%11.54%10.14%-2.56%15.28%-4.17%11.84%15.58%70.00%22.67%8.51%-17.31%-10.00%-2.94%12.90%-3.28%14.00%5.45%-6.90%8.70%-12.50%18.97%13.11%66.15%3.39%35.94%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap3.48B
Enterprise Value3.12B
Trailing P/E11.17
Forward P/E12.17
PEG Ratio1.16
Price / Sales3.29
Price / Book1.03
EPS3.27
Book Value34.77
Revenue (TTM)1.06B
Gross Profit (TTM)1.06B
Profit Margin30.64%
Operating Margin43.24%
Return on Equity9.62%
Return on Assets1.21%
Shares Outstanding95.30M
Shares Float79.17M
Beta0.72
Dividend Yield5.21%
Dividend Rate1.88
Payout Ratio57.85%

Analyst Ratings

Hold
Based on 8 analystsTarget 37.25
  • Strong Buy
    2
  • Buy
    1
  • Hold
    3
  • Sell
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
98.83%
Insiders
8.42%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    13.48M14.11%
  • State Street Corp
    5.89M6.17%
  • Dimensional Fund Advisors, Inc.
    5.78M6.05%
  • Vanguard Portfolio Management, LLC
    5.49M5.75%
  • First Interstate Bank
    4.61M4.83%
  • HoldCo Asset Management, L.P.
    3.95M4.13%
  • FMR Inc
    3.88M4.06%
  • Vanguard Capital Management, LLC
    3.86M4.04%
  • Wellington Management Company LLP
    3.77M3.94%
  • Capital Research & Mgmt Co - Division 3
    2.34M2.45%
  • Geode Capital Management, LLC
    2.22M2.32%
  • Victory Capital Management Inc.
    2.15M2.25%
  • Franklin Templeton Inc
    1.88M1.97%
  • Bank of America Corp
    1.78M1.86%
  • UBS Group AG
    1.76M1.84%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    5.15M5.39%
  • American Funds SMALLCAP World A
    3.42M3.58%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.63M2.75%
  • iShares Russell 2000 ETF
    2.36M2.47%
  • Vanguard Small Cap Index
    1.90M1.99%

Dividends

20264×
0.47Nov 3, 20260.47Aug 4, 20260.47May 11, 20260.47Feb 10, 2026
20254×
0.47Nov 10, 20250.47Aug 11, 20250.47May 12, 20250.47Feb 10, 2025
20244×
0.47Nov 4, 20240.47Aug 5, 20240.47May 3, 20240.47Feb 8, 2024
20234×
0.47Nov 3, 20230.47Aug 4, 20230.47May 5, 20230.47Feb 6, 2023
20224×
0.47Nov 7, 20220.41Aug 8, 20220.41May 9, 20220.41Feb 9, 2022
20214×
0.41Nov 5, 20210.41Aug 6, 20210.41May 10, 20210.41Feb 8, 2021